1999-106 - Laserfiche WebLink

Home Browse Search

+W • 0 CRA CARE CENTER'S. INC. SUMMARY CF SIGNIFICANT FORECAST ASSUMPTIONS AND ACCOUNTING POLICIES FOR THE YEARS ENDING MARCH 31, 2001 2005 Maturities of long-term debt for the years subsequent 'o December 31, 2003 are forecasted as follows Year Amount 2006 S 68,026 2007 71,988 2008 52,559 Thereafter 4,418 973 Total S 4611,546 Interest expense is forecasted at 5360.204, $357,431, 5354,492. $351,377, and $3118,074 for the years anding March 31, 2001, March 31, 2002, March 31, 2003, March 31, 2004, and March 31. 2005, respectively. NOTE 6 - CENSUS AND PATIENT MIX The forecasted patient mix is: NOTE 7 - REVENUE Revenues have been forecasted based on the expected occupancy levels, patient mix, and per diem rates 2001 2002 200 2004 2005 ECC/Standard 44% 39% 3$°Io% 38% 38% ECC/Deluxe 13% 15% 14% 14% 14% ECC"Semi-Private 10% 5% 5% 5% 5% Dementia 33% 41% 43% 443% 43% Totals 100% 1001% 100%n 100% 100% Total Percent Occupancy 34% 86% 90% 90% 90% NOTE 7 - REVENUE Revenues have been forecasted based on the expected occupancy levels, patient mix, and per diem rates to be in effect in 2000 - 2004. Revenues arra reported on the accrual basis in the period In which services are provided, regardless of •,s,hether collection in full is expected, The following is a detailed schedule of the monthly rates used to project revenues by payor type: 2001 2?� 2003 2004 aUO ECCIStandard 2,100 2,176 2.255 2.334 2,414 ECCIDeluxe 2.550 2,642 2,739 2,835 2.931 ECCI eml•Private 1,700 1,762 1,938 2,006 2,074 Dementia 3,250 3.368 3,490 3.613 3,735 Level El 300 311 322 333 345 Level 111 600 622 644 667 690